cancel
Showing results for 
Search instead for 
Did you mean: 

I think I over did it!!

tag
Drefrombk
New Contributor

I think I over did it!!

I added 5 new cards in the last 2 months...but I still have a bunch of subrime cards should I axe them?

 

New Cards:

 

Amex Zync

Alliant CU

Discover More

Citi Diamond preferred

Citi Platimum Select.

 

Old Cards

 

Orchard since 08....$50 AF

Hooters since 08.....$72 AF

BoF since 08....$29AF

Message 1 of 9
8 REPLIES 8
smc733
Valued Contributor

Re: I think I over did it!!


@Drefrombk wrote:

I added 5 new cards in the last 2 months...but I still have a bunch of subrime cards should I axe them?

 

New Cards:

 

Amex Zync

Alliant CU

Discover More

Very nice job on these


Citi Diamond preferred

Citi Platimum Select.

See if you can have these two merged into one Dividend Plat Select M/C.  No point in two non-rewards cards from the same lender.

 

Old Cards

 

Orchard since 08....$50 AF

Hooters since 08.....$72 AF

Dump these subprime cards


BoF since 08....$29AF

If you insist on keeping one for age, make it this one, though I think its safe to dump after about 6 months.


 

BofA Cash Rewards VS - $25k | Citi Double Cash World MC - $18.9k | Amex BCE - $50k | Discover it - $50k | Chase Freedom Unlimited VS- $10k | Barclay Ring $5k |
Message 2 of 9
thrasher865
Valued Contributor

Re: I think I over did it!!

If it were me, I would get rid of the annual fees.  Which AF card is your oldest?  It wont matter now, but in 7 years when it drops off, your overall age of history would drop by that amount.


Starting Score: EQ: 665 - TU: 687
Current Score: EQ: 749 - TU: ---
Goal Score: EQ: 760 - TU: 760


Take the FICO Fitness Challenge
Message 3 of 9
SocalMark
Regular Contributor

Re: I think I over did it!!

Wow nice app spree... Congrats. Smiley Happy

Message 4 of 9
Drefrombk
New Contributor

Re: I think I over did it!!

SMC I think I will dump Hooters and Orchard..and do PC on BofA Platinum Plus to a rewards card. Thanks!!! Socal...I think I'm done apping for 2 more years! TIME TO GARDEN!

Message 5 of 9
clocktick
Valued Contributor

Re: I think I over did it!!

Wow, nice cards.  What are your scores?

 

I would get rid of all of them right before their annual fee hits unless you can do a product change to a non-AF card.  They should stay on your reports for 10 years so that'll still count toward your AAoA.

11/30/08 TU 648 EX 672 EQ 656 SEPT 2014 TU 787 EX 789 EQ ???
Amex BCP $24.1K/Clear $8.5- Sallie Mae $27.5 -Cap One QS $7.5 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940 HD $1701- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800




Starting Score: 648
Current Score: 736
Goal Score: 765


Take the FICO Fitness Challenge

Message 6 of 9
Drefrombk
New Contributor

Re: I think I over did it!!

Thanks!  My score are TU 679 EQ 691 and Ex no clue.  Yea Orchard AF is due next month and Hooters chages $6 bucks a month for my AF. Orchard is gone think I might keep Hooters til end of the year

Message 7 of 9
trumpet-205
Valued Contributor

Re: I think I over did it!!

Very nice. Definitely dump Hooters and Orchard. I would follow up on SMC's advice to combine those two Citicards if you can, unless you are enjoying intro APR right now.

Message 8 of 9
smc733
Valued Contributor

Re: I think I over did it!!


@trumpet-205 wrote:

Very nice. Definitely dump Hooters and Orchard. I would follow up on SMC's advice to combine those two Citicards if you can, unless you are enjoying intro APR right now.


Yep, or at the very least, convert one of them to a rewards card.

BofA Cash Rewards VS - $25k | Citi Double Cash World MC - $18.9k | Amex BCE - $50k | Discover it - $50k | Chase Freedom Unlimited VS- $10k | Barclay Ring $5k |
Message 9 of 9
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.